Can Fin Homes Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 12, 2015, have decided the following:
1. Issue Price: Rs. 450/- (Face Value: Rs. 10/- and Premium: Rs. 440/-); 2. Ratio : 3 equity shares for every 10 equity shares held as on the Record date; 3. No. of shares to be issued: 61,45,575 equity shares; 4. Fractional Entitlements: For Equity Shares being offered on a rights basis under this Issue, if the shareholding of any of the Eligible Equity Shareholders is less than 10 Equity Shares or not in the multiple of 10, the fractional entitlement of such Eligible Equity Shareholders shall be ignored. Eligible Equity Shareholders whose fractional entitlements are being ignored would be given preferential consideration for the Allotment of one additional Equity Share each if they apply for additional Equity Shares over and above their Rights Entitlement, if any. Those Eligible Equity Shareholders holding less than 10 Equity Shares will therefore be entitled to Zero Equity Shares under this Issue and shall be despatched a CAF with zero entitlement. Such Eligible Equity Shareholders are entitled to apply for additional Equity Shares. However, they cannot renounce the same in favour of Third parties. CAFs with zero entitlement will be non-negotiable/non-renounceable -- Kindly email stock reports at [email protected] For sharing knowledge -- NIFTYVIEWS.COM NOW A FREE OPEN SOURCE WEBSITE. http://www.niftyviews.com/ Disclaimer :- "The opinions expressed by the members on this board are based on their individual experience and perceptions and to share information with other members with the best of intentions to help fellow members in investment decisions as equity investment is a risky venture.The administrator of www.Niftyviews.com just provide a platform for the authors to express their opinion and take no guarantee for the genuineness of the same."ANY member of this forum doesnt prepare or publish any research report; or ii. provide research report; or iii. make 'buy/sell/hold' recommendation; or iv. give price target; --- You received this message because you are subscribed to the Google Groups "Niftyviews.com" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
